Hargreaves Lansdown photograph

Hargreaves Lansdown

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Stock price HL
Disclaimer
CeoDan Olley
HeadquartersBristol
United Kingdom
Revenue583 million GBP
FoundedJuly 1
1981
SubsidiariesFunds Library
Hargreaves Lansdown Savings Limited
Founders Peter Hargreaves
Stephen Lansdown
Steve Lansdown
Stock quoteHL
Disclaimer
Number of employec. 2,000
Date of Reg.
Date of Upd.
ID1532357
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About Hargreaves Lansdown


Hargreaves Lansdown plc is a British financial service company based in Bristol, England. It sells funds and shares and related products to retail investors in the United Kingdom. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

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... Sarah Coles, head of personal finance at Hargreaves Lansdown, said that while the 2% cut in NI " isn t to be sniffed at" by keeping NI and income tax bands frozen, " the Treasury has done nothing to protect us from the misery of fiscal drag, and means the lion s share of the damage done to our finances from these tax hikes will still continue to be felt years down the line"...

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... Matt Britzman, equity analyst at Hargreaves Lansdown, said Lloyd s performance was helped by it managing to " keep hold of savers looking for better rates"...

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... " All-in-all, management s working hard to squeeze every last drop of cash possible from the available subscriber base, " said Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown...

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Sep 19,2023 5:31 am

... " The symbolically important $100 [a barrel of oil] mark is now being considered once more, " said Sophie Lund-Yates, lead equity analyst at investment firm Hargreaves Lansdown...

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M& S returns to FTSE 100 on food and clothes boost

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Aug 30,2023 12:40 pm

... Susannah Streeter, head of money and markets at broker Hargreaves Lansdown, said: " Shrinking its estate, and closing larger stores in town centres, has also been paying off...

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M& S returns to FTSE 100 on food and clothes boost

Jun 30,2023 3:50 am

By Chris NewlandsBusiness reporter

Marks & Spencer has returned to the FTSE 100 index of Britain's biggest listed companies for the First Time in Four Years after a surge in the retailer's share price.

M& S was relegated from the index in 2019 as it faced falling sales and stiff competition.

This year, its share price has risen by More Than 75% after a revamp of it shops and clothing range.

It has staged a " remarkable" turnaround despite soaring prices, analysts said.

The retailer told investors earlier this month that its interim results, scheduled to be published in November, would reveal " a significant improvement" in its performance.

Susannah Streeter , head of money and markets at broker Hargreaves Lansdown , said: " Shrinking its estate, and closing larger stores in town centres, has also been paying off. "

The FTSE 100 contains The 100 largest UK-listed firms, ranked by market value. Membership of the index, often referred to as the Blue Chip index, is seen as a mark of prestige and M& S was one of its founding members.

The index is reshuffled four times a year, allowing a handful of companies to enter, while A Number of stragglers slip out into the lower tier FTSE 250.

Housebuilder Persimmon and investment manager Abrdn are among those firms who were relegated.

M& S has plans, for example, to significantly increase The Number of external clothing brands it sells online in a bid to entice shoppers away from High Street rivals Next and John Lewis , and has already started stocking items from Crew Clothing , Nobody's Child and Joules.

Russ Mould , investment director at broker Aj Bell , said: " M& S' return to the FTSE 100 after Four Years will be seen by some as a validation of the turnaround strategy launched by Steve Rowe And Then followed through by his successor Machin. "

He Said the food business has continued to perform solidly, " helped to a degree by the affluent demographic that it serves" while the clothing business has received a " much-needed shot in The Arm from The Team brought in from the collapsed Arcadia empire of Philip Green".

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Source of news: bbc.com

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